Kazakhstan plans to create a state encryption reserve, which is likely to be managed by a company affiliated with the National Bank, according to President Timur Selimnov. The reserve will be funded by confiscated assets and digital currencies used with government participation. This initiative represents a strategic step towards integrating encryption in the country’s financial framework. By creating a central central reserve, Kazakhstan aims to enhance control of digital assets while benefiting from them as a new form of national financial security.
